Transcat's Theresa Conroy exercises 2,000 options

Transcat Inc. Chief Human Resources Officer Theresa A. Conroy exercised options for 2,000 common shares on November 5, 2026, at an exercise price of $63.17 per share.

Available on EDGAR 11/09/2026 - 04:31 PM EST Accepted by SEC EDGAR 11/09/2026 - 04:31 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Transcat Inc. Chief Human Resources Officer Theresa A. Conroy exercised options for 2,000 common shares on November 5, 2026, at an exercise price of $63.17 per share. The transactions also report 1,550 shares delivered or withheld for payment of exercise price or tax liability. The option was fully vested, and 0 option shares remained after the exercise. Her reported RSU tranches cover 1,382, 10,380, 1,098 and 783 underlying shares, with stated vesting dates of March 31, 2029, January 6, 2028, March 25, 2028 and March 27, 2027, respectively, except as otherwise provided in the award notice.

Insider Trade Summary

2,000 shares exercised/converted

Exercise 3 txns

Insider Conroy Theresa A.

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) F2	2,000	$0.00	$0.00
Exercise	Common Stock, $.50 par value F1	2,000	$63.17	$126K
Exercise Price or Tax Liability	Common Stock, $.50 par value	1,550	$108.13	$168K
Holding	Restricted Stock Units F3, F4	--	--	--
Holding	Restricted Stock Units F3, F5	--	--	--
Holding	Restricted Stock Units F3, F6	--	--	--
Holding	Restricted Stock Units F3, F7	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 0 options (Direct); Common Stock, $.50 par value — 2,814 shares (Direct); Restricted Stock Units — 13,643 units (Direct)

Footnotes (7)

1. F1. Includes 3 shares inadvertently understated on the reporting person's Form 4 filed on May 28, 2026.
2. F2. This option is fully vested as of the date of this report.
3. F3. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
4. F4. These RSUs vest on March 31, 2029, except as otherwise provided in the award notice.
5. F5. These RSUs vest on January 6, 2028, except as otherwise provided in the award notice.
6. F6. These RSUs vest on March 25, 2028, except as otherwise provided in the award notice.
7. F7. These RSUs vest on March 27, 2027, except as otherwise provided in the award notice.

Key Figures

Common shares acquired on option exercise: 2,000 shares Exercise price: $63.17 per share Shares delivered or withheld: 1,550 shares +5 more

8 metrics

Common shares acquired on option exercise 2,000 shares November 5, 2026

Exercise price $63.17 per share 2,000 options exercised on November 5, 2026

Shares delivered or withheld 1,550 shares For payment of exercise price or tax liability

Option shares following exercise 0 shares Following the November 5, 2026 exercise

Restricted stock units 1,382 underlying shares Stated vesting date March 31, 2029, except as otherwise provided in the award notice

Restricted stock units 10,380 underlying shares Stated vesting date January 6, 2028, except as otherwise provided in the award notice

Restricted stock units 1,098 underlying shares Stated vesting date March 25, 2028, except as otherwise provided in the award notice

Restricted stock units 783 underlying shares Stated vesting date March 27, 2027, except as otherwise provided in the award notice

Key Terms

Restricted Stock Units, one-for-one basis, fully vested, award notice

4 terms

Restricted Stock Units financial

"These restricted stock units (RSUs) convert into common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

one-for-one basis financial

"convert into common stock on a one-for-one basis"

fully vested financial

"This option is fully vested as of the date of this report"

award notice technical

"except as otherwise provided in the award notice"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How do TRNS restricted stock units convert into common shares?

The reported restricted stock units convert into common stock on a one-for-one basis.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Conroy Theresa A.

(Last) (First) (Middle)

C/O TRANSCAT, INC.

35 VANTAGE POINT DRIVE

(Street)

ROCHESTER NEW YORK 14624

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TRANSCAT INC [ TRNS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.50 par value	11/05/2026		M		2,000	A	$63.17	4,364(1)	D
Common Stock, $.50 par value	11/05/2026		F		1,550	D	$108.13	2,814	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$63.17	11/05/2026		M			2,000	(2)	05/25/2027	Common Stock, $.50 par value	2,000	$0	0	D
Restricted Stock Units	$0(3)							(4)	(4)	Common Stock, $.50 par value	1,382		1,382	D
Restricted Stock Units	$0(3)							(5)	(5)	Common Stock, $.50 par value	10,380		10,380	D
Restricted Stock Units	$0(3)							(6)	(6)	Common Stock, $.50 par value	1,098		1,098	D
Restricted Stock Units	$0(3)							(7)	(7)	Common Stock, $.50 par value	783		783	D

Explanation of Responses:

1. Includes 3 shares inadvertently understated on the reporting person's Form 4 filed on May 28, 2026.

2. This option is fully vested as of the date of this report.

3. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

4. These RSUs vest on March 31, 2029, except as otherwise provided in the award notice.

5. These RSUs vest on January 6, 2028, except as otherwise provided in the award notice.

6. These RSUs vest on March 25, 2028, except as otherwise provided in the award notice.

7. These RSUs vest on March 27, 2027, except as otherwise provided in the award notice.

	/s/ Kristina L. Johnston, Attorney-in-Fact for Theresa A. Conroy	11/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)